SBA Aid Provided to Flood Victims in 3 States
The Small Business Administration is offering low-interest disaster loans to residents and businesses in Arkansas, Mississippi and Tennessee affected by flooding on Sept. 11.
SBA Administrator Maria Contreras-Sweet says disaster aid is available in DeSoto, Marshall, Tate and Tunica counties in Mississippi; Crittenden County in Arkansas; and Shelby County in Tennessee.
The agency says loans up to $200,000 are available to homeowners to repair or replace disaster damaged or destroyed property. Homeowners and renters are eligible for loans up to $40,000 to repair or replace damaged or destroyed personal property.
Businesses and nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed property, equipment and inventory.
A Disaster Loan Outreach Center is opening Friday at the M.R. Davis Public Library in Southaven.
- Don’t Sweat the Heatwave, El Niño Is Cooking up Some Raucous Weather for California
- Agentic Intelligence for Claims Dominates New Tech Launches
- Warren, Hawley Press Insurers Over Closed, Unpaid Claims
- Will California’s New Smoke Claims Law Create a Recovery Bottleneck?
- New Corgi, Liberate, VERVE Claims Tech. Do We Need New Acronyms?
- Severe Convective Storms: Risk, Field Reality and the Path to Resilience
- The Great Hemp Reset: How the Federal Ban on Intoxicating Hemp Products Will Reshape Risk and Coverage
- Londoners Find ‘Horrendous’ Cracks in Their Homes After Successive Heat Waves